Tekmar Group plc, a prominent provider of asset protection technology and offshore energy services, has announced the acquisition of a significant contract valued at over $3.5 million. This contract involves the supply of cable protection technology for a major offshore energy project located in the Middle East, with an expected delivery date set for June 2026.

The announcement underscores Tekmar’s growing presence in the Middle Eastern market, which has shown increasing demand for cable protection solutions. Richard Turner, the CEO of Tekmar, emphasized the importance of this contract, stating that it reflects the company’s ongoing expansion in the region and the trust that clients place in Tekmar’s established technology and engineering capabilities.

This contract follows a previous award in September, where Tekmar secured a $10 million deal in the same region, indicating a trend of robust demand for their services. The company attributes its success to a combination of innovative solutions, proven performance, and a strong customer-centric approach, positioning itself as a preferred partner for safeguarding critical offshore assets.

As the offshore energy sector continues to evolve, the need for reliable cable protection technology becomes increasingly vital, particularly in regions like the Middle East, where energy projects are on the rise. Tekmar’s ability to secure such contracts may indicate a positive outlook for the company as it navigates the competitive landscape of offshore energy services.